DUBAI / WAM Dubai Land Department (DLD) has announced the launch of Phase II of …
Read More »Oil patch gets frugal as investors look for profits over boom
Bloomberg US shale drillers are tapping on the brakes in the wake of a growing investor revolt that’s held down company values, even as they’ve scored historic production numbers. The evidence is stacking up: The latest rig count showed the biggest one-week drop in the Permian Basin in 19 months, while Schlumberger Ltd. and Baker Hughes, the two largest oil …
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